HISTORY

Becker Village Mall is the only mall in Roanoke Rapids’ 145,000-person micropolitan trade area. Under new ownership and with the help of Divaris Real Estate and Perkowitz and Ruth Architects, this Mall is prepared to undergo a major facelift.

Becker Village Mall sits just off Interstate 95 and is located within 30 minutes of Lake Gaston and Roanoke Rapids Lake. Roanoke Rapids is a frequent stop for travelers along I-95, and the lakes bring many retirees and vacationers.

Anchored by JC Penney and Lowes Food, “The Mall” provides a safe, enclosed environment for the Roanoke Valley shoppers. Becker Village Mall pulls a 30-mile radius trade area where Roanoke Rapids is the central hub of the region.

SCOPE OF ASSIGNMENT

In this struggling economy, Becker Village Mall can offer convert-to-suit spaces at below market rates. Many national retailers will be successful here since numerous use categories are unserved in this underserved market. This Mall is the heart of this community and the weekly civic and promotional events keep the locals coming back week after week.

RESULTS

The re-merchandising of Becker Village Mall with the addition of a main street and cinema complex is a potential direction for this property. Divaris Real Estate is aiming to bring national retailers to the Mall while still sustaining its community spirit.

The 320,000 sq. ft. mall has space available for several new anchors and junior anchors. Many new mall tenants have expressed interest in the Mall, and some new tenants have already opened, while many more are on their way.

The Mall Leasing Agent and Development Consultant for Divaris Real Estate, Inc. is its Senior Vice President and Partner, John M. Knibb, who can be reached at (757) 366-5555 or jknibb@lddev.com.